Argentina: Pulses Market 2024

Pulses Market Size in Argentina

In 2022, after three years of growth, there was significant decline in the Argentinian pulses market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed a strong increase. Over the period under review, the market attained the peak level at $X in 2021, and then fell significantly in the following year.

Pulses Production in Argentina

In value terms, pulses production reached $X in 2022 estimated in export price. Overall, the total production indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Pulses production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

In 2022, the average pulses yield in Argentina expanded modestly to X tons per ha, picking up by X% against 2021. In general, the yield, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2016 when the yield increased by X% against the previous year. The pulses yield peaked at X tons per ha in 2013; however, from 2014 to 2022, the yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2022, the harvested area of pulses in Argentina reduced slightly to X ha, remaining relatively unchanged against 2021 figures. Over the period under review, the total harvested area indicated a perceptible increase from 2012 to 2022: its figure increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, pulses harvested area increased by X% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. The pulses harvested area peaked at X ha in 2021, and then declined slightly in the following year.

Pulses Exports

Exports from Argentina

In 2022, the amount of pulses exported from Argentina soared to X tons, surging by X% on 2021 figures. In general, total exports indicated a mild expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, pulses exports expanded notably to $X in 2022. Overall, exports, however, showed a mild decline. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Brazil (X tons), Venezuela (X tons) and Italy (X tons) were the main destinations of pulses exports from Argentina, together comprising X% of total exports. Spain, Turkey, Colombia, Vietnam, Algeria, the Philippines, China, Portugal, Chile and Pakistan lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Venezuela ($X) and Italy ($X) were the largest markets for pulses exported from Argentina worldwide, together comprising X% of total exports. Spain, Turkey, Colombia, Algeria, Vietnam, Portugal, the Philippines, Chile, Pakistan and China lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average pulses export price amounted to $X per ton, dropping by X% against the previous year. Overall, the export price showed a pronounced curtailment. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Italy ($X per ton), while the average price for exports to China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Philippines (X%), while the prices for the other major destinations experienced more modest paces of growth.

Pulses Imports

Imports into Argentina

In 2022, overseas purchases of pulses decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, imports, however, recorded resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tons in 2021, and then shrank rapidly in the following year.

In value terms, pulses imports declined markedly to $X in 2022. In general, imports, however, continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2021, and then shrank dramatically in the following year.

Imports by Country

In 2022, Canada (X tons) constituted the largest supplier of pulses to Argentina, accounting for a X% share of total imports. Moreover, pulses imports from Canada exceeded the figures recorded by the second-largest supplier, the United States (X tons), threefold. Peru (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Peru (X% per year).

In value terms, Canada ($X) constituted the largest supplier of pulses to Argentina, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Canada amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and China (X% per year).

Import Prices by Country

The average pulses import price stood at $X per ton in 2022, rising by X% against the previous year. In general, the import price posted mild growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :